Why Your Savings Account Interest Rate Is Lower Than You Think

The average savings account pays just 0.46% APY—and fees, inflation, and tiered structures push your real return even lower. Here's what's quietly eating your earnings.

The average savings account pays just 0.46% APY—and fees, inflation, and tiered structures push your real return even lower. Here's what's quietly eating your earnings.

The top high-yield savings accounts are paying up to 5.25% APY — more than 11x the national average. See which accounts from SoFi, Ally, and Marcus made the cut.